Why Amazon’s CEO Is Working to Undo A Bezos-Led Overexpansion
Andy Jassy took over as Amazon CEO nearly a year ago. Since then the company’s stock price has fallen, online shopping demand has shrunk and the e-commerce giant has been left with excess warehouse space. As a result, Jassy has been forced to reverse course on some initiatives started by founder Jeff Bezos. WSJ reporter Dana Mattioli joins host Zoe Thomas to discuss how Jassy handled his first year and what it means for Amazon’s future.
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Andy Jassy took over as Amazon CEO nearly a year ago. Since then the company’s stock price has fallen, online shopping demand has shrunk and the e-commerce giant has been left with excess warehouse space. As a result, Jassy has been forced to reverse course on some initiatives started by founder Jeff Bezos. WSJ reporter Dana Mattioli joins host Zoe Thomas to discuss how Jassy handled his first year and what it means for Amazon’s future.
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